Are you in need of quick, emergency cash to cover an unexpected expenditure? In that case, you might want to consider Finance27, which offers sameday, online payday loans of up to R 3 900 for up to 40 days!
Finance 27 is one of a handful of a new wave of payday loan lenders that allow customers to apply for a loan online, without the need for an in-branch visit! Offering samdeday online payday loans, Finance27 is your shortterm credit solution for when you need it most!
With Finance27, you can borrow between R500 and R4000 with the funds being instantly transferred to your account.
Read on how you can apply for a FInance27 payday loan online today and take the worry out of your financial dilemma.
How to apply for a Finance27 loan
In order to apply, you simply need to head to their website and use the easy slider to indicate how much you’d need and for how long you’d like the loan for. You can borrow up to R2 5000 for new customers per month and up to R4 000 if you’re an existing Finance27 customer.
Make note to consider the fees and interest rate due when selecting your loan. As of January 2018, a R 1000 loan taken for 40 days would incur the following costs:
Fees: R 262.19
Interest: R 78.00
Loan: R 1 000.00
Total Repayable: R 1 365.26
As such, you have to make sure that you are in a position to pay back the full amount within 40 days. Non-payment of a payday loan will your account to be handed over to a debt-collection agency which would mean substantial additional costs for you in order to wipe out the moneys owed. As such, ALWAYS MAKE SURE you can repay the loan in full on the due date.
Once you have selected the duration and amount of your Finance27 loan, you will need to fill out additional details and register your account. This process requires that you are a South African citizen and above 18 years of age. You also need to be employed and have a valid bank account.
How quickly can I get my Finance27 cash?
The cash becomes available as soon as the loan is approved. Please note Finance27 does not itself pay out any cash – all money get’s transferred into your bank account where you receive your salary. As such, you will need to make sure that the bank account is active and that you can withdraw cash from it (should you require cash to settle any emergency debts).
Once your loan is approved, Finance27 can action the payment the same day, which will then take up to 2 business days to reflect in your bank account.
Is Finance27 safe to use?
Like with any payday loans, the cost of credit is very high and you should only ever use payday loans as a means of last resort!
That being said, Finance27 loans is a is a trusted South African lender and accredited with the National Credit Regulator NCRCP7084.
Get in touch with Finance27 loans at their contact details below:
Finance27 Contact Details:
physical: West Wing, First Floor, Wapadrand Shopping Centre, Wapadrand, 0050
phone: +27 12 941 1572
More Payday Loan Alternatives
Should you for any reason struggle getting approved with Finance27, or require additional funds, you might want to consider some of the below shortterm loan providers operating in South Africa.